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if there are 2 million newborn babies increasing within this economy suddenly, assume nothing else changes, how is this...

if there are 2 million newborn babies increasing within this economy suddenly, assume nothing else changes, how is this going to affect the labor force participation rate?

a. increase

b. remain the same

c. decrease

d. not enough information

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Answer #1

Labour Force Participation rate is the measure to evaluate working-age population in an economy. The participation rate refers to the total number of people or individuals who are currently employed or in search of a job.A rise in population raises the LFPR.

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